Madrid announced the news on Monday, following Sunday’s Supercopa de Espana final defeat by Barcelona, with a club statement.
In December, The Athletic reported that while Madrid ideally would like to keep Alonso, 44, and continue to have faith in the project, results are what matter most at such a demanding club.
Although the board does not believe Alonso is solely to blame for the situation, they are unhappy with the team’s image and recent results.
Furthermore, there is concern that a significant part of the dressing room does not have a good connection with the coach and his ideas.